9302 Tea Rose TRL, Austin TX 78748

My analysis of 4 comparable properties puts this home's estimated value at $621,367. Based on how the local market is moving, a list price between $672,000 and $683,000 would position this home well. Buyers shopping in CHERRY CREEK right now would see this as a well positioned option among 3 comparable homes. At 147 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 3 comparable homes in CHERRY CREEK; a balanced market based on recent absorption. The 6 month price trend in CHERRY CREEK: fallen 7.1%. The best comp here is 3320 Silkgrass BND, Austin TX 78748 at an adjusted value of $559,443, with a larger floor plan. The comp data here (4 sales in CHERRY CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus